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18 April 2019 | 10 replies
This seems like a population that could benefit from living in rental mobile home parks.Seems like you guys could set up some "Shabby" trailers on cheap vacant land somewhere at the edge of town (cheap taxes) and get the bus route to go out there to take them to work and shopping and fill a need.Sometimes people in Texas give older mobile homes away for the hauling.At $35,750 a year that's $3,000 a month Gross (with 3 deductions), they could afford to rent cheap trailers without Section-8.All you'd need is septic, electric and propane out there.A shabby rented mobile home at the edge of town is a lot better than living in the streets (supply demand),And it might cash flow attractively (with Class-D management issues of course).Just my 2 cents on this.Good Luck!
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17 April 2019 | 3 replies
One of the benefits of being an owner-occupant is that you may qualify for better mortgage terms with your lender.
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17 April 2019 | 4 replies
At least 2,600 victims invested their retirement savings, totaling about $400 million.Shapiro siphoned off $35 million for his own benefit, according to prosecutors, spending $3.1 million for chartering private planes and travel, $6.7 million on a home, $2.6 million on home improvements, $1.8 million on personal income taxes, $1.4 million for his ex-wife, and more than $672,000 on luxury automobiles.Roseman received $2.5 million for himself and Acevedo received $1.1 million, prosecutors said.The Securities and Exchange Commission’s previous enforcement action in 2017 was settled in January for a total of $1 billion in penalties and disgorgement of ill-gotten gains, the agency said.
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17 April 2019 | 0 replies
These events are great social networks that allow regular folks like you and me to bounce investment ideas off of one another, and from that partnerships can be established to mutually benefit each other.
13 May 2019 | 35 replies
One of the benefits to having multiple apartments in one complex is that you can manage them much more easily.
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14 May 2019 | 5 replies
If you are able to roll over your employer 401k and IRA's into a solo401k and/or self-directed IRA, you can invest in real estate ventures with those accounts, but you cannot benefit or profit from those properties in the form of personal use or personal income.
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27 April 2019 | 20 replies
Chances are, however, that tenants will only agree to it if it benefits them (reduction in rent, extension of the lease term at the same rent, etc.).
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19 April 2019 | 11 replies
You would benefit more from hiring your own agent as the commission is usually contracted to be paid by the seller.
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24 April 2019 | 8 replies
I'm an SFR investor interested in buying NNN property in bad shape for 500k and to renovate it for 600k-1mil (to take advantage of the tax reform benefits).
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19 April 2019 | 6 replies
I have used a letter format to convey what I do and how my service to the property owner could benefit them.